Property changes and business rates

Introduction

Businesses occupying non-domestic property pay business rates. The amount of business rates payable is calculated using the rateable value and the multiplier, set by the government. Different multipliers are used for Northern Ireland, England, Wales and Scotland.

If you change the nature of your business or make alterations to your premises, eg extending them and increasing their rental value, this may affect the rateable value of your commercial proerty. This in turn may affect the amount of business rates you should pay. You should inform Land & Property Services if you make a change to your property to ensure you are paying the correct amount.

This guide explains which business premises are liable to business rates and what kinds of changes can affect their rateable value. It explains what to do if you are altering or moving your business premises and where to find further information and advice.